GBM - Securities, Prime Services Futures and Clearing Risk, Associate, New York

Job Summary & Responsibilities

Members of the Prime Services Futures and Clearing Risk team assess, monitor and manage the market risk of multi-asset portfolios in the listed markets on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers and broker dealers. We are staffed globally with offices in New York, Chicago, London, Hong Kong and Bengaluru. The team partners with multiple divisions under the Prime Services umbrella including: Sales, Client Service, Credit, Compliance, Legal, Operations and Technology to deliver a best in class risk management platform that enables the business to compete and thrive in a sustainable way.

A Successful Candidate Would Be Expected To Perform risk analysis and deep dives into global multi-asset portfolios to assess market and liquidity risks
Master risk based margin methodologies and process
Master the intraday risk management platform and process
Work with key stakeholders to enhance existing risk management platforms and margin offering
Validate and support daily risk management reports and margin calls
Engage in innovative research tasks for the team and senior management
Explain margin methodologies and the risk management process on sales calls with prospective and existing clients
Engage with CCPs and advocate for improvements to margin methodologies
Work closely and effectively with Technology, Strats, Operations, Credit and Sales teams on implementation and deployment of enhancements to margin methodology, process and policy
Supervise desk analysts and associates and help with training and knowledge transfer

Required Skills And Qualifications

• Strong quantitative and analytical skills required.
  An advanced degree in a quantitative discipline preferred.
• Listed derivatives knowledge required.
  Experience with the commodities markets preferred.
• Previous trading or risk management experience a plus.
• Knowledge of CCPs and their margin methodologies.
• Demonstrated interest and knowledge of markets and ability to assess impact of macro trends on client portfolios.
• Strong writing, presentation and communication skills.
• Ability to handle multiple projects and deliverables concurrently.
• Functional knowledge of at least one programming language and SQL is beneficial.

Pay

The expected base salary for this New York, NY, United States-based position is $150000-$300000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.